Here’s a list of attributes you should look for: The tax filing season is upon us, and many of you are looking for professional to file a tax return. I say … Continue Reading Looking for a tax preparer?
This is a repost from the U. S. Chamber of Commerce to answer your questions regarding the small business loan. 1. What loans are available to help small businesses during … Continue Reading 10 Common Coronavirus Small Business Loan Questions
What is the Paycheck Protection Program? You may have heard or seen tons of information regarding the newly signed stimulus bill. The Coronavirus Aid, Relief, and Economic Security (CARES) Act … Continue Reading Cares Act- Paycheck Protection Program
You need to be aware that aggressive criminals pose as IRS agents in hopes of stealing money or personal information. The tax filing season is a prime time for phone … Continue Reading Phone Scams During Tax Season
Contributing to a traditional IRA Starting in 2020, the new law eliminated the age limit for making contributions to traditional IRAs. This means many older taxpayers can now choose to … Continue Reading New Tax law helps you save for retirement
If you are a business owner i’m pretty sure you have tons of questions related to taxes such as, what to deduct? What tax credits are available to me? Fortunately … Continue Reading 8 Strategies for Small Business Owners
Several years ago, the IRS Exempt Organizations Division published a list of the Top 10 errors they saw on the “new” Form 990 in the early years of filing that … Continue Reading Top 10 Errors Form 990 can trigger an IRS audit
If you’re in the medical field, you probably don’t have time for taxes, or you are confused about how the tax world works. Your taxes could be complicated or simple, … Continue Reading The Tax Deduction and write-off tips for nurses, midwives and doctors.
2019 Standard Deductions: As predicted, the standard deductions increased slightly from 2018 to adjust with inflation rates. For tax year 2019 the Standard Deductions are as followed: Singles/MFS- 12,200 Head … Continue Reading 2019 Income Tax Updates:
If you are at the stage when you are hiring, deciding between an employee and a 1099 contractor can be tricky and overwhelming at times. I hear this question quite … Continue Reading What’s the difference between an employee and a 1099 contractor?
There are multiple business structures you can choose, I have my recommendations however, the ultimate decision is up to you. Currently, here are a list of business structures you can … Continue Reading A Guide for starting your business: Part 2 Business Structures
Starting a new business: Starting a business is exciting, it’s filled with a sense of pride when you decided to conquer your fears and achieve your goal. Did you know … Continue Reading A Guide for starting your business: Part 1
What exactly is profit in a business? This article shows you how to avoid three common profit mistakes that can seriously affect the success of your business. 1. Sales are … Continue Reading How to avoid three common profit mistakes
Step one Enter your opening bank balance, which reflects the amount of cash you have on hand. Step two Identify the money coming into your business over the next 12 … Continue Reading How to Create a Cash Flow Forecast in 4 Easy Steps
Identity theft is a complex and evolving threat, and one that costs U.S. citizens billions of dollars annually. Without question, it is one of the most pressing challenges facing our … Continue Reading OH No!!! My Identity is stolen, What should I do?
At some point in its lifetime, every small business suffers from cash flow problems. The trick is to think ahead and figure out when these problems are going to arise so you don’t have to unexpectedly postpone a purchase or hurriedly seek out additional finance.